Sector Investment 24 Hours

Last updated: May 22, 2026, 5:35 PM ET

Real Estate Fundraising Raised record $5.2bn as Kayne Anderson launched its seventh flagship opportunistic fund, targeting medical‑office, senior‑housing and student‑housing assets. The oversubscribed vehicle reflects strong demand for niche property types amid a broader slowdown in core office and retail capital. Meanwhile, maintained flat 3.7% returns for fiscal 2026, the Canada Pension Plan Investment Board highlighted its shift toward data‑center exposure while trimming retail and office holdings, underscoring a sector‑wide reallocation toward income‑stable, tech‑linked real estate.

Secondary Market Liquidity & Asset Allocation Highlighted $220bn market size in a discussion on GP‑led secondaries, noting that limited partners have faced a “worse distribution profile” for three‑and‑a‑half years, prompting heightened secondary activity as a liquidity source. In parallel, adopted conservative fund selection as Sumitomo Mitsui DS Asset Management signaled a tighter mandate, emphasizing diversification to mitigate the prolonged distribution lag and protect against further secondary market volatility.